We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a discussion focused on investment funding coming into automotive and what venture capitalists think of the industry. The conversation featured Steve Greenfield of Automotive Ventures, Mark Norman of FM Capital, Quin Garcia of Autotech Ventures and […] [Read More]

The year started off with expectations there might be a return to normal in the used-car market. Well, that doesn’t exactly appear to be the case one month into 2025. Industry observers releasing wholesale vehicle price indices last week noted “uncertainty” and surprises in the market to begin the year. At Black Book, the Used […] [Read More]

The Toyota RAV4. Honda Civic. Honda CR-V. Toyota RAV4 Hybrid. Chevrolet Silverado 2500HD. Lexus RX. Ford Edge. Chevrolet Silverado 1500. What do these vehicles have in common, other than being popular rides? They were the top-selling Canadian-built vehicles in the U.S. during 2024, according to CarGurus. Likewise, the Toyota Tacoma, Chevrolet Equinox, Honda HR-V, Silverado […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with the ceremony welcoming the first three inductees into the Used Car Week Hall of Fame. Steve Kapusta, Marguerite Watanabe and Jeremiah Wheeler acknowledged some of the fellow professionals who have impacted them during their careers and […] [Read More]

Retail used-car shoppers may want to strike while the iron’s hot. (And the metal is relatively inexpensive to move). Especially considering what could be on the horizon in the wholesale used-car market ... [Read More]

Pickup trucks and SUVs have long been the dominant vehicles in the U.S. market, but that dominance could be diminishing, according to the latest study by the Dave Cantin Group. The automotive M&A advisory firm’s semiannual Market Outlook Report, released this week in conjunction with the NADA Show, said its data shows American consumers have […] [Read More]

Dealership profits are expected to fall in 2025 – but franchise dealers are still bullish on what’s ahead this year. That’s one finding of a pair of reports issued this month by buy-sell advisory firms based on survey data and projections for the coming 12 months. The 2024 Kerrigan Dealer Survey, a survey of more than 635 franchise dealers conducted by Kerrigan Advisors late last year, found an equal number (43%) believe ... [Read More]

The number of vehicles with unrepaired recalls has grown dramatically in the past two years, according to the latest research by CARFAX — and a fourth of them have multiple recalls that haven’t been fixed. CARFAX said its data shows 58.1 million vehicles — about one in five cars on the road have an open […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a lively debate about the future of electric vehicles. Moderated by Cherokee Media Group’s Joe Overby, the opposing points of view on EVs came from Steve Greenfield of Automotive Ventures and Scott Case of Recurrent. Listen […] [Read More]

The arrows are pointing up for almost all aspects of the auto retail industry in 2025 – with one notable exception. The supply of used vehicles. In Cox Automotive’s recent 2025 forecast call with industry media and analysts, chief economist Jonathan Smoke painted a rosy picture for what’s ahead. His analysis of economic conditions showed green lights for the overall economy, consumers’ buying ability and auto finance, and no red lights. Interest rates are down and likely to be cut again at least twice this year, providing a little relief from affordability concerns. And car shoppers, who had been ... [Read More]